This Lubbock 18-Home SFR Portfolio blends in-place cash flow with clear value-add upside across well-located single-family rentals. Many homes perform at or above the 1% rule, with several units benefiting from state-funded, guaranteed rents. Priced between ~74-83% of market value, the portfolio features broad recent improvements—new roofs (2021-2023), electrical overhauls, plumbing/drain replacements, mini-split installs, and targeted cosmetic updates—reducing near-term capital needs. With under-market rents on select addresses and dependable tenancy across the board, investors can capture solid returns today and unlock additional NOI through rent normalization and light, targeted upgrades.
For sale
$1,200,000
18 Property Portfolio St, Lubbock, TX 79415
48beds
19,211sqft
Est.:
Package Property, Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
$62/sqft
$-- HOA
What's special
New roofs
- 6 days |
- 115 |
- 7 |
Likely to sell faster than
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